Brits warned ‘you are wasting £7bn’ – list of | U.Ok.Finance News
British dad and mom collectively spend £7bn on child objects which can be by no means used, in line with knowledge launched by iCandy. Around £7bn is spent annually on child objects, from cuddly toys to footwear, which can be by no means used.iCandy stated that 60% of objects purchased had been by no means used, or used much less than twice – and households wasted an average of £379 every within the first 12 months after the child was born. iCandy spoke to 1,019 dad and mom and located that some households wasted more, round £900 during the primary 12 months; iCandy used ONS census knowledge to work out the overall determine of £7bn.Over half of UK dad and mom (57%) admit they purchased an excessive amount of stuff for his or her child and close to half (46%) regretted it.Cameron Appel, vice CEO of iCandy commented: “As a new dad myself, I know firsthand how hard it can be to decode all the advice and information out there, so it’s no surprise that so many of us buy things we think we’ll need, but then never end up using them when baby actually arrives.”He added: “If you’re preparing for your new baby’s arrival or you’re looking to buy a present for someone who’s about to become a parent, take note, as you might want to spend your money on something else instead.”Cuddly toys high the list – while they’re super cute and look great in a child’s nursery, one in three UK dad and mom who’ve youngsters below 10 (31%) admitted they didn’t use them. In second place are child towels, with 28% of dad and mom revealing they haven’t used them more than a few times since they bought them.Other child objects that made the rating embrace child footwear, bathtub seats, slings, breast pumps, and teddies that play the ‘heartbeat’ noise to help soothe your child. Cameron added: “Everyone’s parenting journey is unique to them, so we know some of the things on this list may have been invaluable to some people, but for anyone who’s unsure about which things to get, see if you can save money by borrowing these things first to work out if you’ll actually end up using them in the long run.” Cuddly toys – 30%Baby towels – 28%Baby footwear – 25%Clothes that had been by no means worn – 25%Baby help seat – 21%Baby walker – 20%Bath thermometer 19%Nappy bin 19%Breast pump 18%Baby sling 17%Fancy outfit 16%Teddy with heartbeat (soother) 16%
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